March 29th Cryptocurrency Market News: MicroStrategy's founder gives a bullish signal, analysts focus on Saudi production cuts, High points out that Bitcoin may have already bottomed. U.S. stocks may be approaching a short-term bottom, Canada plans to ban cryptocurrency political donations. The market needs to reset in order to start a new bull market.

According to 1M AI News monitoring, Thibault Sottiaux, head of OpenAI Codex, announced that the usage limits for Codex across all plans have been reset, allowing users to fully experience the newly launched plugin system. Codex has just introduced plugin functionality, with the first batch integrated.

Gate News reports that on March 27, Thibault Sottiaux, head of OpenAI Codex, announced that the usage limits for Codex across all plans have been reset to align with the newly launched plugin system. The first batch of integrated plugins includes commonly used developer tools such as Slack, Figma, Notion, and Gmail, allowing users to utilize Codex capabilities in more application scenarios. This move aims to encourage users to experience the newly launched plugin features.

Gate News reported that on March 19, a bill HB 380 in Kentucky aimed at regulating cryptocurrency ATMs sparked controversy due to newly added provisions. The provision requires hardware wallet providers to assist users in resetting access credentials, including seed phrases. Industry experts point out that this regulation conflicts with the design philosophy of non-custodial wallets and could undermine self-custody mechanisms. The bill has passed the House and is currently under Senate review, with the controversial provision still potentially subject to modification or removal.

Bill Gurley points out that the AI wave has caused many people to rapidly accumulate wealth, forming a bubble, and he anticipates a reset is coming. He advises investors to focus on undervalued SaaS stocks, as the current software sector is being impacted by AI, with related company stock prices declining significantly. Meanwhile, he expresses concern about the high cash burn rate of leading AI companies.

OpenAI's Codex has recently experienced multiple instances of unresponsiveness. The engineering lead confirmed that the issue has been fixed and will reset the rate limits for all users. The Codex team typically provides compensation after outages. Currently, weekly active users reach 2 million, with a growth rate of 25%.

Bit Digital CEO Sam Tabar stated that recent Ethereum market conditions resemble a "value reset," with market leverage rapidly re-evaluating after a significant increase, leading to increased volatility. Currently, the price remains stable in the $1800 to $2100 range, with fundamentals unchanged. This event demonstrates how leverage can distort the market, but Ethereum's long-term value remains solid.

10xResearch in its latest report states that crypto market positions have largely cleared, funding rates have dropped to lows, and implied volatility has reset, but liquidity remains fragile. The US 10-year Treasury yield has declined, ETF funds experienced a brief net inflow, and options traders are adjusting their positions around key March events.

Bitcoin prices remain stable this week, but market structure is changing as approximately $2.5 billion in gamma exposure is about to be liquidated. The influence of the options mechanism may weaken, with liquidity becoming the dominant factor. Analysis indicates that recent rebounds could be misleading, and attention should be paid to subsequent hedging pressures and market stabilization conditions. Overall positions are close to reset, signaling a new phase in the cycle.

February 25 News, Ethereum co-founder Vitalik Buterin recently outlined a new vision for Ethereum in the decentralized finance (DeFi) space. The Ethereum Foundation announced that it will prioritize support for permissionless, privacy-focused, and secure protocols, emphasizing user sovereignty and long-term stability. The announcement stated that the foundation will focus on supporting open-source, security-centric DeFi projects to ensure protocols can operate normally even if the original team disappears or faces attacks. Buterin introduced the concept of a "detachment test," requiring protocols to maintain stability and sustainability in the absence of the founding team, while also reducing reliance on centralized institutions.